2007 Annual Report

5260 N. PALM AVENUE

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SUITE 228

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FRESNO, CA 93704

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559.226.5600

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WWW.FRESNOREGFOUNDATION.ORG

F R E S N O

R E G I O N A L

F O U N D A T I O N

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A N N U A L

R E P O R T

Energy and Commitment Flow in our

FRESNO REGIONAL FOUNDATION

Allstars for Philanthropy

F R E S N O

R E G I O N A L

F O U N D A T I O N

annual report 2007

TABLE OF CONTENTS

FRESNO REGIONAL FOUNDATION BOARD OF DIRECTORS

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VISION PLAN FOR TOMORROW

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IMPROVING LIVES THROUGH PHILANTHROPY

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FUNDING OUR COMMUNITY

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NEARLY $4 MILLION FOR CENTRAL VALLEY

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EDUCATION – INVESTING IN THE FUTURE

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THANK YOU DONORS

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PARTNERS FOR PROGRESS

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2007 FINANCIAL REPORT

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contents

board plan foundation funds grantees scholarships donors partners financial

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MISSION

CONTROL

B O A R D

FRESNO REGIONAL FOUNDATION BOARD OF DIRECTORS

M E M B E R S

STANDING:

Jeffrey Jaech, John Horstmann, Hon. Brad Hill, Arthur Wint, Walter Cucuk, William Lucido, C. Ray Steele Jr., Don Schafer.

board

SEATED:

Dewey Slater, Joan Eaton, O. James Woodward III, Chris Rogers, Dan DeSantis, CEO, Mariam Stepanian, James Hallowell, Fausto Hinojosa. NOT PICTURED:

HONORED EMERITUS MEMBERS

Angie Cisneros and Patricia Tom.

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P A S T

Chris Rogers O. James Woodward III

B O A R D

M E M B E R S

Michael Adams, M.D.

Carol Brylka

Hon. Donald R. Franson Jr.

Hon. Annette LaRue

Gerald Slater*

William J. Anderson III*

Vernon M. Crowder

Dan Foley

William Lyles

Gloria Smith

Paul Asperger

Carol Dau*

Judy Ganulin

Kendall L. Manock

Malcolm H. Stewart

Lynne Ayers-Ashbeck, M.S., R.D.

Jamie Davidson

Hilliard Giffen*

Virginia Meux

John S. Stoughton*

Armen Bacon

Octavia Diener

Price Giffen*

Hon. Robert H. Oliver

Gerald L. Tahajian

Larry Balakian

Robert E. Duncan

Richard V. Gunner

Arlynne Patton

Harold V. Thompson*

C.J. Peter Bennett

Lewis S. Eaton*

Carole Harris

Leon S. Peters*

Elaine Trevino

John Blossom, M.D.

Jose A. Elgorriaga

Lynn D. Hemink, Ph.D.

Chris Rogers

Valerie Vuicich

William Boggs*

Lowell Firstenberger*

Robert Jennings

Morton Rosenstein, M.D.

Joe Williams

Shirley A. Brinker

Donald R. Fischbach

Rosellen Kershaw

T. Newton Russell*

O.J. Woodward*

Marilyn Brown

Susan Fisher

Harry Kubo*

Rudy Savala

Houa Wa Yang *Deceased

VISION

plan for

TOMORROW

With the help of both the James Irvine Foundation and the William & Flora Hewlett Foundation, we embarked upon this much needed project under the guidance of Sutherland & Edwards, a Bay Area consulting firm specializing in foundation development. Many hours of diligent work by consultants, board members, and the staff resulted in a solid road map that we are all very proud of and confident will guide us well into the next decade.

STRATEGIC PLAN SUMMARY JANUARY 2008 THROUGH DECEMBER 2010 VISION STATEMENT To be the trusted philanthropic leader in the transformation of the Central San Joaquin Valley MISSION STATEMENT The mission of the Fresno Regional Foundation is to improve the quality of life in the Central San Joaquin Valley through philanthropy. VALUES In all its work, the board and staff of the Fresno Regional Foundation seek to exemplify Integrity – Inclusion – Excellence – Stewardship – Visionary Leadership

plan

GOAL GOVERNANCE Achieve an informed, engaged and connected Board of Directors that effectively governs the Fresno Regional Foundation. GOAL ASSET DEVELOPMENT Strategically grow assets in a way that both responds to the needs of the Central San Joaquin Valley and is economically sustainable to Fresno Regional Foundation. GOAL GRANTMAKING Develop a strategic grantmaking program that is broad-based, fair and transparent; that enhances Fresno Regional Foundation’s credibility; and that is responsive to community needs. GOAL MARKETING, VISIBILITY AND COMMUNICATIONS Increase the visibility of Fresno Regional Foundation with targeted audiences to grow the foundation and enhance its reputation for credibility, relevance, integrity and value. GOAL COMMUNITY LEADERSHIP Adopt a limited focus on community leadership during the strategic plan period.

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ABOUT THE FRESNO REGIONAL FOUNDATION

OUR MISSION To improve the quality of life in our community through philanthropy.

foundation

Established in 1966, Fresno Regional Foundation is a nonprofit community foundation serving California’s Central San Joaquin Valley. We work to improve lives in our community by encouraging philanthropy. We provide unique opportunities for individual donors, families, businesses, and other foundations to invest in programs that address a wide spectrum of economic, social, educational, cultural and environmental needs. With over 150 donor advised funds, field of interest funds, designated funds, scholarship funds, and Funds for the Common Good, the Foundation is the trusted steward of charitable giving in the region.

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Kings County Tulare County

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Merced County Mariposa County

GIVING Fresno Regional Foundation offers many ways to give. We serve as a bridge connecting philanthropy to community-based organizations that provide programs and services throughout the San Joaquin Valley. Our flexible giving options can be customized to

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MEMBERSHIPS AND AFFILIATIONS ■ ■ ■ ■ ■

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Fresno Regional Foundation is the leading philanthropic resource for communities throughout the Central San Joaquin Valley. We serve six counties, with a population of more than two million people, covering 17,000 square miles: Fresno County Madera County

Together, we all help build a healthy, vibrant and prosperous community.

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COMMUNITIES WE SERVE

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fit your unique financial and charitable interests. You can give now, or include a gift as part of your estate planning. We are here to help. We can work with you and your lawyer or financial advisor to help you choose the giving strategy that is right for you.

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National Council on Foundations League of California Community Foundations The Maddy Institute San Joaquin Valley Planned Gifts Council National Committee on Planned Giving Fresno Coalition for Arts, Science & History Fresno Nonprofit Advancement Council The Greater Fresno Area Chamber of Commerce

GIVING NOW ■

You can give many different kinds of charitable assets as an outright gift to the Foundation.

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For appreciated stock or qualified retirement assets, a direct transfer will deliver maximum tax advantage.

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Many people prefer the ease and convenience of the internet. To meet this need, the Foundation offers a new opportunity for online donations. Our online donation service provider produces a secure and safe method for the Foundation to receive donations online.

improving LIVES through philanthropy PLANNED GIVING You can accomplish a range of financial and charitable goals with planned gifts. ■

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BEQUEST BY WILL After assuring that their loved ones have been cared for, many donors choose to leave their charitable assets upon their deaths. CHARITABLE TRUST We can help you provide for family and charity by setting up a charitable trust. BENEFICIARY DESIGNATION For qualified retirement plans and life insurance policies, you can designate the Foundation as the beneficiary.

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CHARITABLE GIFT ANNUITY You can arrange a generous gift to the community, while providing lifetime income for you or another beneficiary.

PRIVATE FOUNDATION ALTERNATIVES Fresno Regional Foundation donor advised funds and supporting organizations offer easy, affordable, lasting alternatives to private foundations.

TYPES OF FUNDS ■

UNRESTRICTED FUNDS meet ever-changing community needs

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FIELD OF INTEREST FUNDS connect personal values to high-impact opportunities

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DESIGNATED FUNDS help local organizations sustain and grow

DONOR ADVISED FUNDS offer a personalized approach to giving

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AGENCY FUNDS provide a simple, efficient way for nonprofits to create sustainability

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SUPPORTING ORGANIZATION FUNDS are a high-impact, low-hassle alternative to private foundations

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SCHOLARSHIPS invest in deserving students

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TRIBUTE GIFTS honor community members and commemorate important events

POWER OF ENDOWMENT

foundation

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With Fresno Regional Foundation, you can support our community forever with a permanent endowment. Endowments allow individuals, families, organizations and business to ensure lasting impact through preservation of principal and only granting funding of earned interest and dividends.

YOUR GIFTS – YOUR LEGACY

By endowing your gifts today, you can make a difference in our community during your lifetime and provide a gift that lasts forever. We’ll make grants in the name of your fund forever. We’ll always honor your charitable wishes, even if an organization receiving grants ceases to exist in the future.

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FUNDING our

Community

Fresno Regional Foundation provides different types of funds and opportunities to support our community. DONOR ADVISED FUNDS

funds

Anonymous Funds Bradford & Diane Anderson Family Fund George & Desa Belyea Charitable Trust Bennett Family Foundation Fund Blossom Family Fund Don and Ruth Bricker Endowment Fund Deborah Anne Busick Fund Caravan Fund for Children Community Development Fund George and Evelyn Ducoff Endowment Fund Irma & Donald Franson Family Fund Judy and Jim Ganulin Family Fund Guarantee Goodwill Network Fund Eric K. Hansen Memorial Fund Harris Farms Charitable Fund Richard and Eleanor Holt Fund David & Carolyn Johnson Family Fund LeRoux Family Fund William S. and Elizabeth S. Lucido Fund Lyles Diversified Charitable Fund Lyles Foundation Donor Advised Fund Elizabeth V. Lyles Fund Gerald and Nanette Lyles Donor Advised Fund Jerry Lyles Fund Will and Tami Lyles Fund Mr. & Mrs. William M. Lyles Fund Ann Lyles-MacPhail Charitable Fund Matty Matoian Fund Jane Porter Fund Katherine Porter Fund T. W. Porter Fund

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Paul E. W. & Elizabeth B. Read Fund Tom and Louise Richardson Fund Rosenstein Charitable Fund Donald J. & Alice B. Schafer Fund Michael J. & Rhonda E. Schafer Fund Elizabeth Luanne Silkwood Fund Leo & Evelyn Weil Family Fund O.J. Woodward III Fund Jack and Bernice Woolf Family Fund Phyllis B. & Robert G. Wright Fund Gary & Carol Yoder Foundation

FUNDS DESIGNATED FOR SPECIFIC ORGANIZATIONS Agatha Farms, Inc., Waterfowl Habitat Fund Armenian Library Museum & Cultural Center Break the Barriers Fund Bullard Foundation for Academic Excellence Cancer Care Associates Fund CASA of Fresno and Madera Counties Central California Latina Network Fund Central California Writers Fund Economic Development Corporation Fund Exceptional Parents Unlimited Fund Fitness Council Fund Focus Forward Fund Fresno Leading Young Professionals Fresno Business Council Fund Fresno Madera Continuum of Care Fund Friends of the Fresno County Library Endowment FSU Swim Fund Heritage Fresno Fund

Tekla Johnson Charitable Fund Latino Center Fund Mental Health America of the Central Valley Shinzen Friendship Garden Endowment Fund Sierra Foothill Conservancy Fund Sisterhood of Survivors Tower Trust United Cerebral Palsy of Central Calif Fund Westside Tule Enterprise Community

FUNDS DESIGNATED FOR SPECIFIC PROJECTS Art At The Airport Fund Hope for the Holidays Valley Visions Fund for UCSF Fresno Howard K. Watkins Photographic Archive Fund

COMPETITIVE GRANTING Arts and Cultural Advancement Fund Human Services Fund Youth Advancement Fund

FIELD OF INTEREST FUNDS ACT Endowment Youth-Based Programs Fund Air Quality Fund Art Education Fund Arts to Zoo Fund Lee and Shelley Ayres Music for Children Fund Mae Bell Fund for Care of the Elderly Blue Cross Rural Health Initiative Fund Children’s Health Benefits Fund Community Education and Leadership Fund

Crisis Fund for the Central Valley Departed Angels Fund Forward Fresno Foundation Fresno Unified School District Education Foundation Fresno Unified School District Scholarship Fund Friends of Fresno State Fund GABY-Grants Advisory Board For Youth Elka Gundelfinger Memorial Cultural & Health Care Fund Louis Gundelfinger Memorial Fund for Parks and Music Lulu & Herbert Gundelfinger Memorial Fund for Arts

Minnie R. Gundelfinger Fund for Human Services Hispanic Employees Association of PG&E Fund Parkinson’s Support Fund Clare Lauche Porter Charitable Dance Fund Psychiatry Training Program UCSF Fresno Fund Fred Rau Charitable Fund for Neglected Children Raymond Harvey Music Fund John D. Romano Friends of the Sightless Teen Pregnancy Prevention Fund Youth Education Endowment Fund

SUPPORT ORGANIZATION Lyles Support Organization

BOARD DISCRETIONARY FUNDS Administrative Endowment Fund Bee Endowment Fund Berven Charitable Fund Board of Directors’ Fund for the Common Good George W. Sims Undesignated Endowment Fund

George and Evelyn Ducoff Endowment Fund Mrs. Evelyn Ducoff opened an endowed Donor Advised Fund with the intention of recommending grants to the Chawanakee Unified School District in Madera County to support art and education programs. After her husband, George Ducoff, passed away, Mrs. Ducoff wanted to leave a permanent legacy in both their names that benefited the community they deeply love. Working with her accountant, she found that making a gift to the Fresno Regional Foundation now would not only give her maximum tax savings, but also allow her to enjoy being actively involved in making grants to support art and education in the Chawanakee Unified School District.

funds 7

nearly

$4 MILLION for Central Valley

Fresno Madera Kings Tulare Merced Mariposa

In 2007, the Fresno Regional Foundation granted nearly $4 million dollars to organizations working in our six counties of the Central Valley.

GRANTS AWARDED BY PROGRAM AREA: ARTS AND CULTURE

grantees

Alta Historical Society Armenian Heritage Museum Avenal Historical Society Fresno Art Museum Fresno Choral Artists Fresno Community Chorus Fresno International Grand Opera Fresno Metropolitan Museum Fresno Philharmonic Fresno Piano Scholarships Judah First Church Drumming Program Junior Company Foundation Music Performance Foundation of Central CA Sierra Chamber Opera Symphony League The Ruth & Sherman Lee Institute for Japanese Culture Valley Public Television, Inc. Howard K. Watkins Photographic Archive Fund Woodward Shakespeare Festival of Central CA

EDUCATIONAL Alpha Xi Delta Foundation American Indian College Fund California Foundation for Agriculture in the Classroom Carolina First CART Center for Multicultural Cooperation Central East High School Central Valley Educational Leadership Institute Cor Jesu Academy CORAL

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Cottons Journey Education Program Craig School of Business CSUF Foundation CSUF Foundation-President’s Fund CSUF-Lyles Center for Innovation and Entrepreneurship Edison High School Encourage Tomorrow First 5 Madera County Focus Forward Foundation For Economic Education Fresno Christian Schools Fresno Historical Society Hollis G. Best Scholarship Fund Hoover Institution at Stanford University KIPP Academy Fresno Latino Center Fund Livestock Memorial Research Fund c/o California Cattlemen’s Association Lowell Neighborhood Resource Center Mount Holyoke College NMA Scholarship One by One Leadership, Inc. Palm Springs Historical Society Pop Laval Foundation Purdue Foundation Read Fresno Reedley Historical Society Stanford University State Center Community College Foundation Sunnyside High School UC Davis Foundation-Davis Chancellor’s Club UC Merced - Financial Aid & Scholarships Valley Arts & Science Academy Valley Public Television, Inc. Viking Elementary Westminster Christian Preschool

ENVIRONMENTAL AND RECREATION Animal Rescue of Fresno Ayso Region 665

Bulldog Foundation City of Fresno, Parks and Recreation Dept. College Golf Fellowship Edison Babe Ruth Baseball Association Fresno Chaffee Zoo Fresno Police Activities League Fresno Zoological Society High Desert Youth Soccer League Hoover High School Junior Golf Association of Northern California Pacific Service Employees Association San Joaquin River Parkway Trust Shinzen Friendship Garden, Inc. Sierra Foothill Conservancy Spring Valley Lake Little League Tree Fresno

HEALTH AND WELLNESS All About Care Alzheimer's Association American Cancer Society Fresno ARC Fresno Assistance League of Fresno Breast Cancer Resource Center Camp Sunshine Dreams Cancer Care Associates Center for Independent Living Fresno Children’s Hospital of Central California Foundation Comprehensive Youth Services, Inc. Diabetic Youth Foundation Doctors Without Borders USA Easter Seals Central California Enloe Foundation Exceptional Parents Unlimited Fresno Survivors of Suicide Loss Greater Fresno Parkinson’s Support Group Hanford High School Healthy Smiles Mobile Dental Foundation Hinds Hospice Horses of Mercy Village Inc.

Sunnyside High School Photography The Sunnyside High School Photography Program applied to Fresno Regional Foundation during the 2007 competitive grant cycle and was awarded $5,000 for new photo equipment and field trip expenses. This school program inspires at-risk students to attend school every day and envision themselves going on to a higher education.

Lane Family Funeral Home Latino Center Fund Madera Rescue Mission Ramona Children’s Charity Rotary Club of Fresno Salvation Army Samaritan Women Stone Soup Fresno The Fresno Police Chief’s Foundation United Way of Fresno County Victim Offender Reconciliation Program of Central Valley, Inc. Volunteer Center of Fresno County Woodlake Public Schools World Vision International

HUMAN SERVICES – IMMEDIATE NEEDS

YOUTH DEVELOPMENT Big Brothers Big Sisters of Fresno, Kings and Madera Counties Boy Scouts of America Boys & Girls Club of Tulare County Boys & Girls Clubs of Fresno County Boys 2 Men-Girls 2 Women Foundation Break the Barriers Fund Bullard High School Dare to Dream Malaga EOC Sanctuary Youth Project Girl Scouts Golden Valley Council

Hispanic Employees Association of PG&E Fund Hope for the Holidays Hope Now for Youth Hume Lake Christian Camps Madera South High School McLane High School Triathlon Team Merced Chapter California Youth Connection New Life for Girls New Life Urban Strategies Planned Parenthood Mar Monte Sequoia Council Boy Scouts of America Slater Soaring Eagle Sunnyside High School United Way of Fresno County US Fund for UNICEF Valley Teen Ranch Youth Leadership Institute Zimmerman Boys & Girls Club

HUMAN SERVICES SUPPORT Angel Tree CASA of Fresno and Madera Counties Central California Nikkei Foundation Economic Opportunities Commission Fresno Business Council Fund Fresno Pacific University Foundation Habitat for Humanity

COMMUNITY SUPPORT AND DEVELOPMENT

grantees

Lindsay Healthy Start Family Resource Center Mental Health America of the Central Valley Muscular Dystrophy Association National Prostate Cancer Coalition Pathways: A Foundation for UCP of CC Presbyterian Ear Institute Saint Agnes Foundation Sisterhood of Survivors Fund Team Continuum Inc. The Epilepsy Foundation The Smile Train UCSF Medical Education Program United Cerebral Palsy of Central California Valley Visions Fund

American Red Cross Fresno-Madera Catholic Charities City of Fresno, Parks and Recreation Dept. Community Food Bank Craycroft Center For The Children Economic Opportunities Commission Evangel Home, Inc. Fresno Madera Continuum of Care Fresno Rescue Mission, Inc. Girl Scouts of America, Troop 157, Hanford Madera Rescue Mission Marjaree Mason Center, Inc. Poverello House Progressive Group Homes Trauma Intervention Program Union Rescue Mission Valley Missions, Inc. Visalia Rescue Mission

Accuracy In Media Alliance Defense Fund American Center for Law & Justice Celebrate Wellbeing Central Valley YMCA Chinatown Revitalization, Inc. Coalition for Urban Renewal Excellence (CURE) CSUF Foundation Eagle Forum East Bay Community Foundation Edwin J. Gregson Foundation Evangelicals for Social Action Foundation West Fresno Business Council Fund Fresno Leading Young Professionals GABY - Grants Advisory Board for Youth Great Valley Center Greater Fresno Area Chamber of Commerce

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GRANTS AWARDED BY PROGRAM AREA (continued) Heritage Foundation Interfaith Youth Alliance IRO Soararsis Leadership Institute National Right to Work Legal Foundation One by One Leadership, Inc. Pacific Legal Foundation Parents Television Council San Francisco Foundation San Joaquin Valley Town Hall Inc. State Center Community College Foundation The Maddy Institute Tor House Foundation United Way of Fresno County Valley Public Radio KVPR FM 89 Valley Public Television, Inc. Visalia Rotary Community Foundation

FAITH SPECIFIC SUPPORT American Family Association Billy Graham Evangelistic Association

Camp San Joaquin Action Commission Campus Crusade for Christ International Catholic Charities Catholic Foundation of Santa Clara County Champions for Life Christian Berets Christian Broadcasting Network, Inc. Concerned Women of America Crystal Cathedral Hour of Power Evangelical Free Church of Fresno Every Nation Campus Ministries Family Leadership Connection First Presbyterian Church Focus on the Family Friends of Kiev Christian Academy Grace Ministries International Horn of Africa Mission InterVarsity Christian Fellowship Jewish Federation Link Care Counseling Foundation

Love Worth Finding Ministries Mission Aviation Fellowship Mount Hermon Association New Harvest Church Our Savior Catholic Center Parents Television Council Peoples Church of Fresno Race Track Chaplaincy of America Reason to Believe Shining Light Ministries Sonrise Christian Fellowship St. Columba’s Episcopal Church St. Helen’s Catholic Church St. James Episcopal Cathedral St. Lucy Parish Temple Beth Israel The Salvation Army, Sierra del Mar The Well Community Church Wycliffe Bible Translators Youth For Christ

In 2007, the Fresno Regional Foundation offered competitive and discretionary grants cycles for our Arts to Zoo and Youth funding. The following organizations were awarded for a combined total of $349,878: CRISIS RESPONSE FUND

grantees

Catholic Charities response to 2007 Freeze Crisis Economic Opportunities Commissionassistance to local farmers Total Crisis Response Funding

$25,000 $20,000 $45,000

ARTS TO ZOO FUNDING

Fresno Coalition for Arts, Science & History (KVPT) Central Valley Educational Leadership Institute Pop Laval Foundation Lowell Neighborhood Resource Center Chinatown Revitalization, Inc. Fresno Philharmonic Sunnyside High School Animal Rescue of Fresno San Joaquin Valley Town Hall Inc. Total Arts to Zoo Funding

$50,000 $10,000 $10,000 $9,000 $5,000 $5,000 $5,000 $3,500 $2,500 $100,000

GRANT ADVISORY BOARD FOR YOUTH FUNDING

Bullard High School Bullard High School Earth Club Central East High School Dare to Dream Malaga Girl Scouts of America, Troop 157, Hanford

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$1,000 $680 $1,300 $150 $988

Hanford High School Interfaith Youth Alliance Judah First Church Madera South High School Merced Chapter California Youth Connection Slater Soaring Eagle Sunnyside High School Youth Leadership Institute Zimmerman Boys & Girls Club Total Gaby Advisory Board Funding

$1,800 $1,200 $2,000 $2,000 $2,000 $500 $1,500 $1,168 $400 $16,686

YOUTH ADVANCEMENT FUNDING Big Brothers Big Sisters of Fresno, Kings and Madera Counties $30,000 Boys & Girls Club of Tulare County $30,000 CASA of Fresno and Madera Counties $23,000 Comprehensive Youth Services, Inc. $30,000 Edison High School $15,192 Encourage Tomorrow $30,000 New Life Urban Strategies $15,000 Total Youth Advancement Funding $173,192

FUND FOR THE COMMON GOOD City of Fresno, Parks and Recreation Warming Centers Community Food Bank Food for Holiday Meals Total Funding for the Common Good

$5,000 $10,000 $15,000

investing in the FUTURE SCHOLARSHIP RECIPIENTS 2007 Bob Mathais Tulare Union High School Memorial Scholarship Fund

2007 Bob Mathias Scholarship Recipient Miguel Ochoa

Ms. Larissa Maichrowiez Tulare, CA, Tulare High School

California State University, Fresno

Mr. Miguel A. Ochoa Tulare, CA, Tulare High School

Cal Poly

BOB MATHIAS Bob Mathias lived an extraordinary and fulfilling life that has inspired many to persevere against great odds. In 1948, at the young age of 17, Mathias made a name for himself winning the Olympic decathlon gold medal in London, England. In 1952, at the Olympics in Helsinki, Finland, he repeated his victory and set an Olympic and world record. Among many other great achievements Mathias served four years in the U.S. House of Representatives, was awarded the Theodore Roosevelt Award, graduated from Stanford with a B.A. in Education, and starred in four major motion pictures. Mathias grew up in the Central Valley and is a graduate of Tulare High School. On September 2, 2006, Bob Mathias passed away in his home in Fresno, CA. In memory of Bob Mathias, his family and friends have established the Bob Mathias Scholarship Fund at the Fresno Regional Foundation.

Beatrice Denke Woodward Scholarship Fund Attending Students of San Joaquin Memorial

scholarships

The Bob Mathias Scholarship has helped me and my family tremendously. It helps me pay for my tuition, which allows me to focus more on my studies. My family and I are truly grateful for the Bob Mathias Scholarship; it has brought me closer to achieving my academic aspirations.

College Bound Tulare High Students

Mr. Jared Linney San Joaquin Memorial High School Fresno, CA, San Joaquin Memorial High School

Booth Family Scholarship Fund College Bound Children of Booth Employees Ms. Laura Adams Visalia, CA Ms. Kristen Bernal Orange Cove, CA Ms. Amy Jewell Fresno, CA

Fresno Pacific University Reedley College California State University, Fresno

Ms. Christina Landeros Orange Cove, CA

Reedley College

Mr. Edgar Rodriguez Reedley, CA

Reedley College

Ms. Maria Rodriguez Orange Cove, CA

Reedley College

Ms. Blanca Rosas Orange Cove, CA

California State University, Fresno

Ms. Juana Rosas Orange Cove, CA

Reedley College

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Clarence & June Irwin Scholarship for Riverdale High School

Justice Pauline Davis Hanson Memorial Scholarship Fund

Graduating Riverdale High Students

Law Students

Mr. Ashton Claborn Riverdale, CA, Riverdale High School

Azusa Pacific University

Ms. Megan Knize Davis, CA

University of California, Davis School of Law

Lee and Shelley Ayres Fund

Clark Jones Scholarship Fund for the Sunnyside Doctors Academy

Piano Students in the Fresno Area

University Bound Pre-Med Students

Ms. Monet Timmons, Fresno, CA

Ms. Erica Cuevas University of California, Santa Barbara Fresno, CA, Sunnyside High School

Ms. Melea Murdock, Fresno, CA

Ms. Lily Nunez Fresno, CA, Sunnyside High School

Ms. Jessica McDuffee, Fresno, CA

University of California, Los Angeles

Ms. Jocelyn Sihathep, Clovis, CA Mr. Colton McDuffee, Fresno, CA

scholarships

Donald W. Ketscher Agricultural Memorial Scholarship Fund Graduating Reedley High Students Majoring in Agricultural Science Ms. Jessica Mohler Orange Cove, CA, Reedley High School

Reedley College

Ms. Mariah Rae Galvan, Sanger, CA Ms. Jordan Maxfield, Kingsburg, CA Mr. Tyler Golding, Fresno, CA Ms. Madison Lopez, Sanger, CA

Frank C. Gonder Memorial Scholarship Fund Graduating Fresno High Students Mr. Nathan Slater Fresno, CA, Fresno High School

University of California, Davis

Ms. Miriam DeLosSantos Fresno, CA, Fresno High School

California State University, Fresno

Masao and Hana Kimura Memorial Scholarship Fund Edison High Minority Students Ms. Latayvius Alberty Fresno, CA, Edison High School

Graduating Riverdale High Student

Fresno County Resident Law Students

Mr. Mitchel Cabrera Riverdale, CA, Riverdale High School

University of California, Santa Clara School of Law

California State University, Fresno

Sorenson Family Scholarship Fund

Genevieve Greelis Scholarship Fund

College Bound Student

Kappa Alpha Theta Members at CSU Fresno

Ms. Ruby Idmilao Dos Palos, CA

Ms. Elizabeth Mitchell Fresno, CA, CSU Fresno

University of California, Irvine

Milli Rollin Memorial Scholarship Fund

Fresno County Lawyers Scholarship Fund Ms. Pamela Vartabedian Santa Clara, CA

California State University, Fresno

University of California, Davis

Walco International, Inc. Scholarship Fund

Harnish Five Points, Inc Students Awards

College Bound Children of Walco International, Inc Employees

Graduating Riverdale High Students

Ms. Megan Lewis Italy, TX

Ms. Nancy Moreno University of California, Santa Barbara Five Points, CA, Riverdale High School

Hollis G. Best Scholarship Fund Second Year Valley Law Students Ms. Dara Purvis Fresno, CA

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Mr. Jesse Cruz, Fresno, CA

Yale Law School

Vernon College

THANK YOU 700 DONORS

to the nearly who contributed to our community.

Your vision, caring and generosity bring the promise of a healthy FUTURE to the community.

We gratefully acknowledge the almost 700 individuals, organizations, foundations and corporations who supported our work for the people in the Central San Joaquin Valley. Due to space limitations, the following list consists of our major donors for fiscal year 2007.

INDIVIDUAL DONORS

At the Fresno Regional Foundation, we are committed to respecting the privacy and confidentiality of our donors. In 2007, Anonymous Donors made up our second largest gifts. Pictured here are volunteers serving a Thanksgiving meal at the Fresno Rescue Mission. In July 2007, they received an anonymous donation of $2,500. The Fresno Rescue Mission is a nonprofit charitable organization and this unrestricted gift helped support their work of being able to continue helping the homeless and at-risk individuals in our community.

David and Carolyn Johnson Robert Kolbert Annette LaRue Lee Lockhart Wil and Tami Lyles Jerry V. Lyles Gerald V. & Nanette Lyles Bill and Anne Lyles Ann Lyles-MacPhail August Madrigal David and Marcy Masumoto Donna Mau Donald McCarthy James McClatchy, Estate Diane Milutinovich Paul Molakides Edward and Tamsen Munger

Joel Murillo Debbie Nalchajian-Cohen Lucia Noia Terry and Cheryl Ogle Robert and Stephanie Oliver Warren and Lisa Paboojian Linda and Don Penner Patricia Pickford Elizabeth Jane Porter Thomas and Lee Porter Clay and Nancy Pressley Krish Rajani Paul and Elizabeth Read Marlene and John Reed Thomas and Louise Richardson Chiara Riggs Jill Robinson

donors

Mark Adanalian Susan Anderson Lee and Shelley Ayres Rosemary Baltcha Daniel and Sharon Baradat Peter and Juanita Bennett Loren Booth Robert Boro John and Diana Brelsford Don and Ruth Bricker Bruce Bronzan Richard Caglia Marx Cazenave Hilary Chittick Dan and Kathleen DeSantis Evelyn Ducoff Ronald and Patricia Eadie David Edwards Babs Eskin Gene and Myrna Estes Clayton Frye Jim and Judy Ganulin Gail and Everett Gaston James Gordon Phyllis Graves Wanda Grayson Sharon Hall Neel and Eleanor Hall James and Coke Hallowell John and Carole Harris Gerald and Janice Heidt Fausto and Maria Hinojosa Larry and Marjie Hodges Eleanor Holt Dale and Deborah Ikeda Douglas Jensen

Anonymous Donors Also Support the Community

Douglas and Marcia Rogers Morton and Donna Rosenstein Howard and Matilda Rubin Janice Saccheri Salvatore and Denise Sciandra Earl Smittcamp Gerald and Geri Tahajian Jack Taylor Joseph Townsend Howard and Christine Watkins Ronald and Susan Wilson Alba Witkin Jim and Judy Woodward Jack and Bernice Woolf Phyllis and Robert Wright Richard and Kathleen Zacky

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David Mas Masumoto – A Passion for Leadership and Education An advocate for leadership and a friend of the Fresno Regional Foundation, David Mas Masumoto is seen here making a gift to open a field of interest fund designed to support community education and leadership training. This fund, established in September 2007, is one example of the many ways in which FRF responds to both the passions of our donors and the needs of our community.

CORPORATE DONORS

donors

Adeline Ritchie Charitable Trust AstraZeneca LP Baker, Manock & Jensen Bennett Frost Personnel Services, Inc. Bertha and John Garabedian Foundation Billings I. & R. Foundation, Inc. California Community Foundation California Supreme Court Historical Society Cancer Care Associates Centocor, Inc. Central California Women’s Conference Central Valley Community Bank Chukchansi Gold Resort & Casino Circle of Friends Citigroup City of Fresno Clark College Foundation Community Foundation Sonoma County Community Medical Centers Comprehensive Youth Services, Inc. Cornwell & Sample Attorneys At Law

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County of Fresno CSUF Foundation Czarnowski Display Service, Inc. Dacor Delta and Pine Land Company Dowling Aaron & Keeler East Bay Community Foundation Economic Development Corp of Fresno County Encourage Tomorrow Ernest S. Kinney Attorney At Law Forest Pharmaceuticals, Inc. Fresno County Bar Association Fresno County Federal Credit Union Fresno County Office of Education Fresno County Supervisor Fresno County Women Lawyers Fresno Sunrise Rotary Friends of Phil Larson Friends of The Fresno County Public Library Genesis Family Center Granville Homes Inc. Greater Fresno Parkinson’s Support Group

Guarantee Financial Real Estate Guarantee Home Loans Agents and Employees Guarantee Real Estate Agents and Employees James Irvine Foundation Jelly Belly Candy Company Judith Leslie Soley, Inc. Kaiser Permanente Foundation Health Plan, Inc. Kaweah Delta Health Care District Kimble, MacMichael & Upton Law Office of Richard P. Berman Law Offices of Wagner and Jones Lyles Foundation McCormick, Barstow, Sheppard, Wayte & Carruth Mental Health Systems, Inc. Monsanto Company Morgan Family Foundation Novartis Pharmaceuticals Corporation Nuttall & Coleman Organon USA, Inc. Ortho-McNeil Neurologics, Inc.

Pacific Gas and Electric Company Pfizer Inc. Pinnacle Business Systems, Inc. Realty Concepts, Ltd. S. H. Cowell Foundation Sagaser, Jones & Hahesy Saint Agnes Medical Center San Joaquin Valley Officials Association San Joaquin Valley Rehab Hospital Schwab Charitable Fund SEIU United Healthcare WorkersWest Stanford Medical Billing Services State Center Community College District The Payroll People The Penstar Group Torosian & Walter LLP Wagner & Wagner Wal-Mart Foundation Wells Fargo Foundation Wilkins Family Trust Wyeth Pharmaceutical

FOR partners PROGRESS THE WILLIAM AND FLORA HEWLETT FOUNDATION

THE JAMES IRVINE FOUNDATION

The William and Flora Hewlett Foundation, a private

has been a longtime partner for the Fresno Regional Foundation, most

foundation with assets of $8.9 billion, awarded a grant

recently investing more than $1 million to strengthen the community founda-

to the Fresno Regional Foundation in 2007 of $1.4

tion to serve the San Joaquin Valley region more effectively.

million over three years to tackle two pressing issues in

The Fresno Regional Foundation is one of nine small community foundations

the Central San Joaquin Valley; teen pregnancy and

across the state which received substantial Irvine grants to support their

air quality. The grant will also support organizational

operations and growth as part of Irvine’s Community Foundations Initiative II.

The James Irvine Foundation, a private foundation with assets of $1.8 billion,

development of Fresno Regional Foundation. Over three years, the Fresno Regional Foundation will disperse the bulk of this grant to local non-profit organizations committed to reducing teen pregnancy and improving air quality throughout the central San Joaquin Valley’s urban and rural communities. These funds will be awarded to local agencies through a early 2008.

” s part of the Hewlett Foundation’s commitment to serving disadvantaged communities in the San Francisco Bay Area and the Central Valley, we are pleased to support Fresno Regional Foundation. We look forward to working with our colleagues in Fresno to have a positive impact on the region,” said Paul Brest, President of the Hewlett Foundation.

A

e have been pleased to support the “rebirth” of the Fresno Regional Foundation,” said Anne Vally, Special Initiatives Officer at the Irvine Foundation. “The community foundation has demonstrated a remarkable commitment and ability to build new resources for the San Joaquin Valley.”

W

”

Foundation received a nearly $600,000 grant in 2005, and was awarded another three-year $600,000 grant in June 2008 as part of the second phase of the initiative.

partners

competitive application process which was publicized in

The Fresno Regional

With Irvine support for core

operations, capacity building and regranting, the Fresno Regional Foundation has

focused on growing its assets, enhancing its visibility and

reputation in the community, and building a high-quality grantmaking program.

Some of the results: ■

Assets have more than doubled in the last three years

■

The community foundation has grown at an annual rate of 37% (compared to 14% for similar US community foundations)

■

Grants awarded to local organizations have increased 4% to $4.1 million in 2007

■

Nearly 90% of grants were awarded to organizations in the San Joaquin Valley

15

FRESNO REGIONAL FOUNDATION A California Non-Profit Corporation

STATEMENT OF FINANCIAL POSITION ASSETS 2007

2006

2005

Cash and Equivalents Certificates of Deposit Investment Securities Accounts Receivable Prepaid Expenses Interest in Net Assets of Support Property & Equipment Net Real Estate Owned

$ 4,918,759 299,970 18,153,496 2,747,374 18,597 15,048,496 38,350 3,940,816

$ 2,015,099 499,588 14,325,680 1,239,955 16,634 8,004,676 50,567 156,816

$ 3,393,320 799,111 12,057,380 369,788 25,277 5,983,727 5,053 156,816

TOTAL ASSETS

$45,165,858

$26,309,015

$22,790,472

$

$

LIABILITIES AND NET ASSETS LIABILITIES

Accounts Payable Other Accrued Liabilities Grants Payable Agency and Trust Funds

$

2,989 18,131 7,500 642,124

26,472 17,518 139,000 482,311

23,236 4,740 138,291 2,707,113

670,744

665,301

2,873,380

Unrestricted Temporarily Restricted Permanently Restricted

20,124,569 19,617,817 4,752,728

10,729,685 12,414,931 2,499,098

9,994,770 7,406,723 2,515,599

TOTAL NET ASSETS

44,495,114

25,643,714

19,917,092

$45,165,859

$26,309,015

$22,790,472

TOTAL LIABILITIES

financial

NET ASSETS

16

TOTAL LIABILITIES AND NET ASSETS

STATEMENT OF ACTIVITIES 2007

2006

2005

Gifts and Contributions Interest and Dividends Administrative Assessments Investment Activities Grant Income Other Income

$ 21,430,987 995,081 354,341 (659,705) 2,040,000 -------------

$ 7,189,547 820,573 342,575 239,040 10,000 1,177

$ 5,579,522 372,162 293,524 150,283 447,500 31,989

TOTAL REVENUE AND SUPPORT

$ 24,160,704

$ 8,602,912

$ 6,874,980

Grants Program Services General and Administrative Fundraising

$ 4,302,004 698,083 145,220 163,997

$ 4,127,842 606,406 163,701 239,027

$ 3,053,971 476,833 202,524 77,505

TOTAL COSTS AND EXPENSES

$ 5,309,304

$ 5,136,976

$ 3,810,833

INCREASE IN NET ASSETS

$18,851,400

$ 3,465,936

$ 3,064,147

NET ASSETS, BEGINNING OF YEAR**

$25,643,714

$19,917,092

$16,852,945

NET ASSETS, END OF YEAR

$44,495,114

$23,383,028

$19,917,092

REVENUES AND SUPPORT

COSTS AND EXPENSES

** Net Assets as of 12/31/06 have been restated in the 2007 financial statements to include $2,260,686 of an Agency and Trust fund reclassified as a Field of Interest fund. For complete audited financial statements please visit our Web site at: www.fresnoregfoundation.org. Tax ID# 77-0478025

Energy and Commitment Flow in our

FRESNO REGIONAL FOUNDATION

Allstars for Philanthropy

5260 N. PALM AVENUE

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SUITE 228

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FRESNO, CA 93704

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559.226.5600

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WWW.FRESNOREGFOUNDATION.ORG

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